Managers of Wealth Americas

ZEDRA completes rebrand of US and Curaçao based fund services provider, Atlas Fund Services

Reflecting ZEDRA’s ambitions for the US and LATAM market and commitment to becoming an international leader in the funds services industry.

CI Global Asset Management Expands Suite of Covered Call Strategies with New ETF and Four Mutual Funds

The funds are especially timely given that periods of increased market volatility tend to result in higher call option premiums, boosting the income generated by this strategy. “Covered call investors are getting paid for tolerating volatility,&

BMO Financial Group and BNP Paribas Announce Global Commercial Agreement

This bi-lateral agreement between the two groups will provide commercial banking clients with continuity of service, leasing services and global coverage

Higher Interest Rates Fuel Sale-Leaseback Activity

The rates on sale-leasebacks are attractive compared to financing terms some middle market companies can get from other sources.

A New Retirement Plan for Millions of Americans Ready for Something Different

U.S. career professionals expect better from their 401(k) plans. But they’re not getting it.

Hedge fund Galois Capital shutters business after FTX losses

Zhou also said: “Although this is the end of an era for Galois, the work we have done together for the past few years has not been in vain.

Europe in vogue for fixed income investors

The positive flows into European managers mark a change in fortunes from last year, where total net outflows for the year stood at $320 billion (€299.4 billion).

Mercer International Inc. reports fourth quarter and year end 2022 results

In the fourth quarter of 2022, net income was $20.0 million

TD Bank Group Included in 2023 Bloomberg Gender-Equality Index

The GEI drives transparency and progression in gender equity at public companies

IG Wealth Management Announces Wind-up of Corporate Class Mutual Funds Français

Changes to tax legislation and evolving market trends have eliminated many of the benefits that were previously available to corporate class funds.

Three Teams Managing More Than $600 Million Join Cetera Advisors LLC

Industry-leading teams depart OneAmerica to join Totus Wealth Management amid continued growth

Regions Bank and CRE FinTech Blooma Collaborate to Modernize Lending Workflow

Digital underwriting platform powered by artificial intelligence streamlines CRE lending.

First Miami Bank to be acquired for roughly $116M

This would mark United Community Banks’ second acquisition of 2023. Its purchase of Huntsville, Alabama-based Progress Financial closed in January.

Sequoia Financial Group to Acquire Zeke Capital Advisors, Forming Wealth Manager With $15 Billion in Client Assets

The acquisition will double the size of Sequoia's Family Wealth practice, both in assets under management and in client households, with the combined teams offering a full suite of services to ultra-high-net-worth families and institutions.

US equity rally stalls as Fed stays the course

But Fed officials, too, have been hinting that a higher end point for interest rates may be necessary given the recent robust jobs data, which showed the unemployment rate falling to a 53-year low in January.

Focus Shareholders ‘Frustrated’ by PE Firm’s Offer

Some shareholders say the $4.1 billion price tag for Focus Financial is too low and doesn’t reflect the trajectory and future of the business—and many hope for a way to remain invested.

Charlotte-based Bragg Financial Advisors earns top rank for mutual fund

U.S. News & World Report recently ranked Bragg Financial's Queens Road Small Cap Value Fund at No. 1 of 461 small value funds nationwide.

Wall Street’s Mutual Fund-to-ETF Magic Trick Is Failing to Wow

By converting an existing fund, issuers hope to bring an established track record and assets to the ETF market, giving each strategy a head start.

Hightower Makes Strategic Investment in Bickling Financial Services

Founded in 1984, the firm, which has approximately $625 million in assets under management and three offices in Massachusetts, provides full-service wealth management to individuals and families

Capital One, Bank of America top financial firms winning the most patents in 2022

Capital One Financial received the most patents of any financial company in 2022 with 708 patents in 2022.

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